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Balance Sheet Analysis Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.5x Days sales outstanding: 41 days a

Balance Sheet Analysis

Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.5x Days sales outstanding: 41 daysa Inventory turnover ratio: 7x Fixed assets turnover: 3.5x Current ratio: 1.7x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 20% aCalculation is based on a 365-day year. Round your answer to the nearest cent.

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